On March 21, 2025, the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule that exempts all domestic (US) companies from reporting under the Corporate Transparency Act (CTA). Non-U.S. companies that are...more
3/25/2025
/ Beneficial Owner ,
Corporate Transparency Act ,
Filing Deadlines ,
Final Rules ,
FinCEN ,
Foreign Corporations ,
Foreign Entities ,
Foreign Investment ,
Interim Final Rules (IFR) ,
Regulatory Requirements ,
Reporting Requirements ,
U.S. Treasury
On March 2, 2025, the Treasury Department expanded the scope of FinCEN’s February 27, 2025 statement that it will not enforce any penalties or fines under the Corporate Transparency Act with respect to existing regulatory...more
3/5/2025
/ Corporate Transparency Act ,
Enforcement Actions ,
Financial Regulatory Reform ,
FinCEN ,
Foreign Investment ,
Penalties ,
Proposed Rules ,
Regulatory Requirements ,
Reporting Requirements ,
Rulemaking Process ,
U.S. Treasury
The Corporate Transparency Act’s reporting obligations are once again in force. For virtually all reporting companies, the new deadline to file an initial, updated and/or corrected beneficial ownership information (BOI)...more
The Corporate Transparency Act (CTA) remains on hold despite a recent Supreme Court ruling. On January 23, 2025, the Supreme Court granted the government’s motion to stay a nationwide injunction that had been issued by a...more
1/29/2025
/ Anti-Money Laundering ,
Beneficial Owner ,
Corporate Transparency Act ,
Financial Regulatory Reform ,
FinCEN ,
Injunctions ,
Regulatory Requirements ,
SCOTUS ,
Stays ,
Transparency ,
U.S. Treasury